Description

Governmental GAAP Update Service is now available on the iPad!
Twice each month, the Governmental GAAP Update Service keeps CPAs on top of critical GASB pronouncements and other governmental accounting-related issues. Each issue provides reliable analyses of must-know recently issued pronouncements, including GASB Statements, Interpretations, Exposure Drafts, and more.
Here is some of the coverage you may have missed:
GAAP Hierarchy Project Part of Ambitious Second Third Plan
Planning for Upcoming Changes in Financial Reports
Proposed Changes for the Single Audit Act and Other Circulars
GASB Releases Combinations and Disposals of Operations ED
GASB Releases GASB-65 and GASB-66
GASB’s Fair Value Measurement and Application Project
Economic Condition PV—In Depth
This newsletter can be used in conjunction with Governmental GAAP Guide and Governmental GAAP Practice Manual.
About the Author:
Eric S. Berman, MSA, CPA, CGMA, has over 22 years of governmental accounting and auditing experience and is a Quality Control Partner and Principal with Brown Armstrong Accountancy Corporation of Bakersfield, California. Eric manages the firm’s Pasadena, California office. Prior to joining Brown Armstrong, he was a Deputy Comptroller for the Commonwealth of Massachusetts from 1999 to 2010, and the Chief Financial Officer of the Massachusetts Water Pollution Abatement Trust from 1994 to 1999. Eric is a licensed CPA in Massachusetts and also holds practice privileges (with attest) in California. He obtained an M.S. in Accountancy from Bentley University. Eric represents the Association of Government Accountants (AGA) as the Vice Chairman of the Government Accounting Standards Advisory Council to GASB and chairs the AGA’s Financial Management Standards Board. He also is a previous chair of the American Institute of Certified Public Accountants (AICPA) Governmental Performance and Accountability Committee and is a former member of the AICPA’s State and Local Government Expert Panel. Eric is frequently called upon to consult and train state and local governments throughout the country on governmental accounting and auditing.

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